Southern Copper Director Sells $13.7K in SCCO Stock in Minor Trade
SOUTHERN COPPER CORP/
Subscribe to track SCCO
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Southern Copper Director Sells $13.7K in SCCO Stock
Company: SOUTHERN COPPER CORP/ (SCCO) Form: 4 | Filed: 2025-11-07 Significance: Low
Insider: PALOMINO BONILLA LUIS MIGUEL Title: null | Relationship: Director
Transaction: • Type: Sale • Shares: 100 • Price: $137.50 • Value: $13,750 • Owned After: 1,813
Key Insight: A director sold a very small number of shares, representing a negligible fraction of the company's market cap and their personal holdings. This trade is considered routine and has no material significance.
Market Context: The transaction value of $13,750 is insignificant for a company with a market capitalization of over $111 billion.
Comprehensive Analysis
SEC Filing Analysis: SOUTHERN COPPER CORP/ (SCCO)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director executed a minor sale of 100 shares, a transaction with negligible financial impact on the company or the insider's overall position.
- Market Impact: Neutral. The trade is too small to influence market sentiment or trading volume.
Company Information
| Field | Value |
|---|---|
| Company | SOUTHERN COPPER CORP/ |
| Ticker Symbol | SCCO |
| CIK | 0001001838 |
| Industry | METAL MINING [1000] |
Insider Information
| Field | Value |
|---|---|
| Name | PALOMINO BONILLA LUIS MIGUEL |
| CIK | 0001284489 |
| Title/Position | null |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-06 |
| Transaction Code | S (Sale) |
| Security Type | Common Stock |
| Shares Involved | 100 |
| Price Per Share | $137.50 |
| Total Value | $13,750 |
| Shares Owned After | 1,813 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $13,750 |
| % of Market Cap | <0.0001% |
| Shares Transacted | 100 |
| % of Shares Outstanding | <0.0001% |
| Post-Transaction Ownership | 1,813 shares (<0.001% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $13,750 transaction is trivial against Southern Copper's market capitalization of $111.47 billion. It represents an infinitesimal fraction of the company's value.
- Ownership Concentration: The insider's post-transaction holding of 1,813 shares is not a significant stake relative to 884.6 million shares outstanding.
- Transaction Significance: The sale represents a minor portfolio adjustment for the insider, reducing their holdings by approximately 5.2%. Given the small absolute and relative size, the transaction is not significant.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction's value is far too small to have any bearing on the stock's price or investor perception.
Volume & Sentiment
- Expected Volume Impact: None. The trade size is de minimis and will not affect trading volume.
- Sentiment Indicator: Neutral. This filing provides no signal to the market.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.